588 Wallis Rd, Rye, NH 03870
Property image
Property image
FOR SALE
12.97 ACRES

588 Wallis Rd
Rye, NH 03870

  • 3 Beds
  • 1 Bath
  • 1,376 sqft (on 12.97 acres)

$2,949,999

Est. Mortgage $18,477/mo*

$2,949,999

Est. Mortgage $18,477/mo*
3 Beds
1 Bath
1,376 sqft
(on 12.97 acres)

Local Information

  • Map ViewExplore the area around 588 Wallis Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School
  • Shop & Eat
-- mins to
Commute Destination

Description

12.39 private acres in the heart of Rye, one of New Hampshire's most desirable coastal communities. Ideally located between Rye Elementary School and Rye Junior High School, less than two mile from Wallis Sands Beach, and just minutes from downtown Portsmouth. The property includes an existing 3-bedroom ranch that has been substantially gutted, offering the flexibility to renovate, expand, or create an entirely new custom residence. Extensive planning and due diligence have already been completed, including architectural plans, wetlands review, and an approved NH DES septic design for a future 5-bedroom home. The building envelope has been cleared and prepared, providing a significant head start for the next owner. Under single ownership and not capable of subdivision, this exceptional parcel offers privacy, natural beauty, and the opportunity to create a landmark estate in one of the Seacoast's most sought-after locations. Surrounded by luxury homes and protected open space.

Home Highlights

Parking
1 Car Garage
Outdoor
No Info
HOA
None
Price/Sqft
$2,144
Listed
30 days ago

Home Details for 588 Wallis Rd

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bathroom
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1376 Square Feet
Appliances & Utilities
Appliances: Water Heater, Other
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Fireplace & Spa
Number of Fireplaces: 1Has a FireplaceNo Spa
Gas & Electric
Electric: 220 Volts
Windows, Doors, Floors & Walls
Flooring: Other
Levels, Entrance, & Accessibility
Floors: Other

Exterior Features

Exterior Home Features
Roof: ShingleExterior: OtherFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 9No CarportHas a GarageHas an Attached GarageParking Spaces: 10Parking: Attached,Off Street
Frontage
Waterfront: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)Road Frontage: PublicNot on Waterfront
Water & Sewer
Sewer: Private Sewer
Farm & Range
Frontage Length: 100.00
Finished Area
Finished Area (above surface): 1376

Days on Market

Days on Market: 30

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: FrameNot Attached PropertyDoes Not Include Home Warranty
Property Information
Not Included in Sale: No Personal Property. Architectural Plans Available Separately Upon Request.Parcel Number: 745722

Price & Status

Price
List Price: $2,949,999Price Per Sqft: $2,144

Active Status

MLS Status: Active

Location

Direction & Address
City: Rye
School Information
Elementary School: Rye ElementaryJr High / Middle School: Rye Junior HighHigh School: Portsmouth High

Agent Information

Listing Agent
Listing ID: 73536090

Building

Building Area
Building Area: 1376 Square Feet

Community

Community Features: Golf, Public SchoolNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 12.97 Acres

Energy

Energy Efficiency Features: Other (See Remarks)

Miscellaneous

Mls Number: 73536090Above Grade Unfinished Area: 1376

Additional Information

GolfPublic School
Last check for updates: about 3 hours ago
Listing courtesy of Edward Perez, (603) 498-4402
Edward Perez, (603) 498-4402
Edward Perez, (603) 498-4402
Source: MLS PIN, MLS#73536090

Market trends in Rye

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
27
3
MoM

Price History for 588 Wallis Rd

DatePriceEventSource
06/15/2026$2,949,999Listed For SaleMLS PIN #73536090
06/11/2021$699,000Sold
PrimeMLS #4837523
04/23/2021$775,000PendingKeller Williams #4837523
04/09/2021$775,000PriceChange
Keller Williams #4837523
12/29/2020$799,000PriceChange
Agent Provided
11/06/2020$875,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2024
Tax$4,826
Assessment$557,300
Home facts updated by county records

Comparable Sales for 588 Wallis Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$1,000,000
03/10/26
3
2.5
2,304
0.56
Single-Family Home
$795,000
08/22/25
2
1
945
0.77
Single-Family Home
$659,000
05/14/26
2
1.5
1,176
0.40
Single-Family Home
$1,200,000
06/05/26
4
2.5
2,956
0.59
Single-Family Home
$1,353,000
06/30/26
3
2.5
2,411
0.75
Single-Family Home
$1,300,000
07/15/26
3
2
1,948
1.21
Single-Family Home
$880,000
06/16/26
3
1
1,264
1.24
Single-Family Home
$699,000
05/01/26
3
1
1,144
0.47
Single-Family Home
$1,567,000
10/29/25
4
3.5
3,504
0.58
Single-Family Home
$1,590,000
09/30/25
4
2.5
3,851

Nearby homes

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Assigned Schools

These are the assigned schools for 588 Wallis Rd.

What Locals Say about Rye

At least 11 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 92 % Say there's wildlife

  • 89 % Say car is needed

  • 88 % Say yards are well-kept

  • 85 % Say people would walk alone at night

  • 83 % Say parking is easy

  • 82 % Say there's holiday spirit

  • 74 % Say it's quiet

  • 72 % Say they plan to stay for at least 5 years

  • 71 % Say kids play outside

  • 70 % Say neighbors are friendly

  • 31 % Say there are community events

  • 29 % Say it's walkable to restaurants

  • 24 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Lmcauley_131
    "I lived I this neighborhood for 2 years. It is nice and quiet. Neighbors take pride on their gardens. I can hear and smell the ocean."
  • Matthew
    "My neighborhood is not on Amazon street. It’s a small community where everyone knows one another, says hello, and look out for each there. "
  • Michewells
    "There are no community events. Occasionally my neighbors will have a gathering and include me and my family."
  • Ireneap
    "It’s a quiet neighborhood with no traffic and lots of places for the dog to explore, but the neighborhood is small and once out on the busy Main Street there are no sidewalks. "
  • Ildefonso M.
    "I live here with my family and I think this is the place to raise a kids. Safety and green al around."

LGBTQ Local Legal Protections

Edward Perez, Edward Perez, (603) 498-4402
Agent Phone: (603) 498-4402
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
588 Wallis Rd, Rye, NH 03870 is a 3 bedroom, 1 bathroom, 1,376 sqft single-family home built in 1965. This property is currently available for sale and was listed by MLS PIN on Jun 15, 2026. The MLS # for this home is MLS# 73536090.